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Why should strategy be flexible and adaptive in nature? Would a downsizing or possible outsourcing project require a change in strategy? If so, why?

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Why should strategy be flexible and adaptive in nature? Would a downsizing or possible outsourcing project require a change in strategy? If so, why?
A strategy should be flexible and adaptive so that it can change with changes in competition. For instance, a company that is charging premium prices may decide to go in for lower pricing if there is suddenly ...

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